Monthly Rent Report
SoHo Rent Report — August 2022
Asking rents in ZIP 10012, New York City, from 325 listings.
Median 1BR rent in SoHo was $4,195 in August 2022, down 6.7% (−$300) from July 2022. The middle half of 1BR listings asked between $3,675 and $5,128. That puts SoHo $1,845 above the New York City citywide 1BR median of $2,350. The month's figures are based on 325 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,195 | +$50 (+1.6%) | — | $3,150 – $3,400 | 5 |
| Studio | $3,400 | +$255 (+8.1%) | — | $2,975 – $4,700 | 13 |
| Studio | $3,300 | +$155 (+4.9%) | — | $2,913 – $4,250 | 31 |
| 1BR | $4,195 | −$300 (-6.7%) | — | $3,675 – $5,128 | 87 |
| 1BR | $3,545 | −$950 (-21.1%) | — | $3,520 – $3,570 | 2 |
| 1BR | $5,450 | +$955 (+21.2%) | — | $3,795 – $8,500 | 17 |
| 2BR | $6,950 | +$2,455 (+54.6%) | — | $4,948 – $11,245 | 23 |
| 2BR | $6,795 | +$2,300 (+51.2%) | — | $6,795 – $6,795 | 1 |
| 2BR | $6,250 | +$1,755 (+39.0%) | — | $4,995 – $7,425 | 74 |
| 3BR | $13,999 | +$8,474 (+153.4%) | — | $7,500 – $14,000 | 13 |
| 3BR | $6,495 | +$970 (+17.6%) | — | $6,495 – $6,495 | 1 |
| 3BR | $7,575 | +$2,050 (+37.1%) | — | $7,270 – $9,809 | 28 |
| 4BR | $19,900 | +$10,650 (+115.1%) | — | $17,238 – $19,900 | 8 |
| 4BR | $9,500 | +$250 (+2.7%) | — | $9,123 – $19,900 | 7 |
| 4BR | $9,643 | +$393 (+4.2%) | — | $9,000 – $16,250 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
SoHo vs. New York City — August 2022
| Bedrooms | SoHo Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,195 | $2,300 | +$895 (+38.9%) |
| Studio | $3,400 | $2,300 | +$1,100 (+47.8%) |
| Studio | $3,300 | $2,300 | +$1,000 (+43.5%) |
| 1BR | $4,195 | $2,350 | +$1,845 (+78.5%) |
| 1BR | $3,545 | $2,350 | +$1,195 (+50.9%) |
| 1BR | $5,450 | $2,350 | +$3,100 (+131.9%) |
| 2BR | $6,950 | $2,800 | +$4,150 (+148.2%) |
| 2BR | $6,795 | $2,800 | +$3,995 (+142.7%) |
| 2BR | $6,250 | $2,800 | +$3,450 (+123.2%) |
| 3BR | $13,999 | $3,350 | +$10,649 (+317.9%) |
| 3BR | $6,495 | $3,350 | +$3,145 (+93.9%) |
| 3BR | $7,575 | $3,350 | +$4,225 (+126.1%) |
| 4BR | $19,900 | $4,224 | +$15,676 (+371.1%) |
| 4BR | $9,500 | $4,224 | +$5,276 (+124.9%) |
| 4BR | $9,643 | $4,224 | +$5,419 (+128.3%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.